Darden Restaurants

Orlando, United States Founded: 1938 • Age: 88 yrs
Multiple casual dining restaurant chains are owned and operated.
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About Darden Restaurants

Darden Restaurants is a company based in Orlando (United States) founded in 1938. It operates as a Direct-to-Consumer (D2C), and Franchise / Licensing. The company has 197,920 employees as of May 31, 2024. Darden Restaurants has completed 7 acquisitions, including Cheddar's Casual Cafe, Chuys Restaurant Ii and Eddiev. Darden Restaurants offers products and services including Full-Service Dining. Darden Restaurants operates in a competitive market with competitors including Dennys, Aurify Brands, Darden, Tender Greens and Chick-fil-A, among others.

  • Headquarter Orlando, United States
  • Employees 197920 as on 31 May, 2024
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Darden Restaurants, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
    $12.08 B
    6.03
    as on May 31, 2024
  • Net Profit
    $1.05 B
    2.14
    as on May 31, 2024
  • EBITDA
    $1.97 B
    9.9
    as on May 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    197920

    as on May 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Darden Restaurants

Darden Restaurants is a publicly listed company on the NYSE with ticker symbol DRI in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: DRI . Sector: Consumer services · USA

Products & Services of Darden Restaurants

Darden Restaurants offers a comprehensive portfolio of products and services, including Full-Service Dining. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Full-service dining experiences are provided across multiple brands.

People of Darden Restaurants
Headcount 10000+
Employee Profiles 349
Board Members and Advisors 8
Employee Profiles
People
Doug Milanes
SVP, Chief Supply Chain Officer
People
Raj Vennam
Senior Vice President & CFO
People
Jorge Castano
Consumer Insights. Guest Relations Manager Longhorn Steakhouse
People
Guy Sharon
Employee Relations Manager

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Board Members and Advisors
people
Margaret Shân Atkins
Director
people
Timothy J. Wilmott
Director
people
Cynthia T. Jamison
Director
people
William S. Simon
Director

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Funding Insights of Darden Restaurants

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Darden Restaurants

Darden Restaurants has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Cheddar's Casual Cafe, Chuys Restaurant Ii and Eddiev. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of archery equipment and accessories
2005
-
2000
Chain of casual dining restaurant offering food & liquor
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Darden Restaurants

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Darden Restaurants Comparisons

Employees
+
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Competitors of Darden Restaurants

Darden Restaurants operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dennys, Aurify Brands, Darden, Tender Greens and Chick-fil-A, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
A chain of cafes is owned and operated by Denny's.
domain founded_year HQ Location
Owns & operates restaurant serving food & beverages
domain founded_year HQ Location
Franchising opportunities for full-service restaurant concepts and brands are provided.
domain founded_year HQ Location
Farm-to-table restaurants are operated across California locations.
domain founded_year HQ Location
Quick-service chicken sandwiches and related menu items are offered.
domain founded_year HQ Location
Foodservice solutions are provided to institutional and corporate clients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Darden Restaurants

Frequently Asked Questions about Darden Restaurants

When was Darden Restaurants founded?

Darden Restaurants was founded in 1938.

Where is Darden Restaurants located?

Darden Restaurants is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.

Who is the current CEO of Darden Restaurants?

Rick Cardenas is the current CEO of Darden Restaurants.

How many employees does Darden Restaurants have?

As of May 31, 2024, the latest employee count at Darden Restaurants is 197,920.

What is the annual revenue of Darden Restaurants?

Annual revenue of Darden Restaurants is $12.08B as on May 31, 2024.

What does Darden Restaurants do?

Darden Restaurants is recognized as a leader in the full-service restaurant industry. Operations are conducted through a family of well-known brands across over 2,100 locations. Focus is placed on culinary innovation, attentive service, and inviting atmospheres. The company is committed to positively impacting communities through employment and sustainability initiatives. A diverse and inclusive culture is maintained for team members and guests. Growth pathways are provided for employees, ensuring long-term success in the hospitality sector.

Who are the top competitors of Darden Restaurants?

Darden Restaurants's top competitors include Dennys, Aurify Brands and Tender Greens.

What products or services does Darden Restaurants offer?

Darden Restaurants offers Full-Service Dining.

Is Darden Restaurants publicly traded?

Yes, Darden Restaurants is publicly traded on NYSE under the ticker symbol DRI.

How many acquisitions has Darden Restaurants made?

Darden Restaurants has made 7 acquisitions, including Cheddar's Casual Cafe, Chuys Restaurant Ii, and Eddiev.

What is Darden Restaurants's ticker symbol?

The ticker symbol of Darden Restaurants is DRI on NYSE.

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